Policy watch.
Every change that matters to Indian crypto users, newest first.
US midterms: Democrats win both chambers
Adds uncertainty for US crypto market-structure law.
Binance reopens withdrawals in phases
Says about 95% of hack losses are covered and users won’t bear the loss.
ED searches over cross-border stablecoin transfers
FEMA probe into alleged transfers abroad using USDT and USDC.
Binance hack (about $6.3B)
A major hack at Binance. What it means for Indian users and their funds.
CoinDCX reports a loss of about $16M
The exchange reported a security incident. Customer funds and what to watch.
Income-tax Act 2025 takes effect
New section numbers for crypto tax, TDS and reporting. Rates stay the same.
Budget 2026: reporting penalties for platforms
Penalties of ₹200 a day and ₹50,000 for platforms that fail to report crypto transactions.
WazirX hack
Creditors later received about 85% back, with the rest in recovery tokens.
Crypto platforms brought under anti-money-laundering rules
Exchanges serving Indians must register with the FIU-IND.
1% TDS on crypto sales starts
Tax deducted at source on the sale value of every crypto transfer above the threshold.
30% tax on crypto gains starts
Gains on virtual digital assets taxed at a flat 30% plus cess, with no loss set-off.